2024 JOD to NZD Historical Review

YEARLY HIGH

2.5210 NZD

YEARLY LOW

2.2213 NZD

YEARLY AVERAGE

2.3328 NZD

2024 JOD to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2.5210. Conversely, the yearly low was recorded on September 24, dropping to 2.2213.

This high-to-low spread represents a total annual volatility of 0.2996 NZD. From a start-to-finish perspective, comparing the January average rate of 2.2832 to the December average rate of 2.4578, the exchange rate registered a net change of 7.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.5210 was up 3.57% compared to the 2023 peak of 2.4340, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 JOD based on timing:

Yearly Peak High 12,605 NZD

2023 Average 11,487 NZD

Yearly Trough Low 11,107 NZD

Transaction Impact: A difference of 1,498.10 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.4769

2.2474

JanuMarcMayJulySeptNove

JOD to NZD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 2.3168, compared to 2.3487 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0319 points.

H1 Avg (Jan–Jun) 2.3168

H2 Avg (Jul–Dec) 2.3487

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.1333 NZD (High: 2.5210 / Low: 2.3877). On the other end, June was the most stable month, with a tight range of 0.0438 NZD (High: 2.3207 / Low: 2.2769).

December Spread (Volatile) ±0.1333

June Spread (Stable) ±0.0438

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0526 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0526

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2.4578) against the same month in 2023 (average: 2.2633), the exchange rate shifted by +0.1945 (+8.59%).

2024 Avg (December) 2.4578

2023 Avg (December) 2.2633

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3210	2.2318	2.2832
February	2.3296	2.2753	2.3014
March	2.3641	2.2828	2.3221
April	2.4007	2.3257	2.3699
May	2.3782	2.2933	2.3242
June	2.3207	2.2769	2.3001
July	2.4010	2.2974	2.3393
August	2.3772	2.2531	2.3192
September	2.3010	2.2213	2.2666
October	2.3632	2.2465	2.3224
November	2.4265	2.3413	2.3871
December	2.5210	2.3877	2.4578